Quote from: nutildah on Today at 02:51:16 AM

Quote from: DooMAD on July 18, 2024, 10:01:32 PM

The dust will arise from the country collapsing in upon itself. America is on the verge of becoming a failed state. Whichever of the two senile old duffers they elect, neither are mentally equipped to perform the role anymore. Both Biden and Trump should be in an old peoples' home where they can't harm anyone with their addled minds.

Its gonna be a while before the dollar finally collapses, and when it does, its gonna wreak havoc on the global economy. Remember that Bitcoin has only ever existed in a bull market. We have no idea how it will respond to a recession. If the recession is caused by a failing dollar, that's when things will really get interesting.

Having said that, as an American, it is truly embarrassing to see things this bad politically. Anyone still rooting for one side of the aisle over the other is missing the bigger picture.

It will all depend on the growth of bitcoin in the coming years, if it can be recognized in the same way as gold then the collapse of the USD will be even more beneficial for bitcoin as people will look for a safe haven for their property. In addition, once the USD collapses, it means that other countries' currencies will dominate and that is just a transfer of power, so some countries will be severely affected but there will also be countries that will benefit. I don't think the world economy will completely collapse if the USD collapses.

Are you from the United States? I wonder, your country has many talented young politicians, why do you let two doting old men run the country? Everyone says the US is a democratic country, and elections are decided by the people, I can't believe people decided to choose two doting old men to lead them. It's confusing.